XML 49 R33.htm IDEA: XBRL DOCUMENT
v3.20.4

Note 7 - Long-term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Notes Tables |
Schedule of Long-term Debt Instruments [Table Text Block] |
|  | December 31, 2020 |
|  | Interest |  |  |  |  |  |  |  |  |  |  | Unamortized |  |  |  |  |
|  | Rates at |  |  |  |  |  |  |  |  |  |  | Origination |  |  |  |  |
|  | December 31, |  |  | Outstanding |  |  | Unamortized |  |  | Fees and |  |  | Long-Term |
(In thousands) |  | 2020 |  |  | Principal |  |  | Discount |  |  | Costs |  |  | Debt, Net |
Bank credit facility |  | 2.486 | % |  | $ | 896,185 |  |  | $ | (472 | ) |  | $ | (12,924 | ) |  | $ | 882,789 |
6.375% senior notes due 2026 |  | 6.375 | % |  |  | 750,000 |  |  |  | — |  |  |  | (6,947 | ) |  |  | 743,053 |
6.000% senior notes due 2026 |  | 6.000 | % |  |  | 700,000 |  |  |  | — |  |  |  | (7,849 | ) |  |  | 692,151 |
4.750% senior notes due 2027 |  | 4.750 | % |  |  | 1,000,000 |  |  |  | — |  |  |  | (13,636 | ) |  |  | 986,364 |
8.625% senior notes due 2025 |  | 8.625 | % |  |  | 600,000 |  |  |  | — |  |  |  | (10,512 | ) |  |  | 589,488 |
Other |  | 6.137 | % |  |  | 3,638 |  |  |  | — |  |  |  | — |  |  |  | 3,638 |
Total long-term debt |  |  |  |  |  | 3,949,823 |  |  |  | (472 | ) |  |  | (51,868 | ) |  |  | 3,897,483 |
Less current maturities |  |  |  |  |  | 30,740 |  |  |  | — |  |  |  | — |  |  |  | 30,740 |
Long-term debt, net |  |  |  |  | $ | 3,919,083 |  |  | $ | (472 | ) |  | $ | (51,868 | ) |  | $ | 3,866,743 |
|  | December 31, 2019 |
|  | Interest |  |  |  |  |  |  |  |  |  |  | Unamortized |  |  |  |  |
|  | Rates at |  |  |  |  |  |  |  |  |  |  | Origination |  |  |  |  |
|  | December 31, |  |  | Outstanding |  |  | Unamortized |  |  | Fees and |  |  | Long-Term |
(In thousands) |  | 2019 |  |  | Principal |  |  | Discount |  |  | Costs |  |  | Debt, Net |
Bank credit facility |  | 3.753 | % |  | $ | 1,305,634 |  |  | $ | (671 | ) |  | $ | (14,255 | ) |  | $ | 1,290,708 |
6.375% senior notes due 2026 |  | 6.375 | % |  |  | 750,000 |  |  |  | — |  |  |  | (8,271 | ) |  |  | 741,729 |
6.000% senior notes due 2026 |  | 6.000 | % |  |  | 700,000 |  |  |  | — |  |  |  | (9,244 | ) |  |  | 690,756 |
4.750% senior notes due 2027 |  | 4.750 | % |  |  | 1,000,000 |  |  |  | — |  |  |  | (15,584 | ) |  |  | 984,416 |
Other |  | 11.138 | % |  |  | 58,322 |  |  |  | — |  |  |  | — |  |  |  | 58,322 |
Total long-term debt |  |  |  |  |  | 3,813,956 |  |  |  | (671 | ) |  |  | (47,354 | ) |  |  | 3,765,931 |
Less current maturities |  |  |  |  |  | 26,994 |  |  |  | — |  |  |  | — |  |  |  | 26,994 |
Long-term debt, net |  |  |  |  | $ | 3,786,962 |  |  | $ | (671 | ) |  | $ | (47,354 | ) |  | $ | 3,738,937 |
Schedule of Line of Credit Facilities [Table Text Block] |
|  | December 31, |  |  | December 31, |
(In thousands) |  | 2020 |  |  | 2019 |
Revolving Credit Facility |  | $ | — |  |  | $ | 235,000 |
Term A Loan |  |  | 133,796 |  |  |  | 234,300 |
Refinancing Term B Loans |  |  | 762,389 |  |  |  | 795,034 |
Swing Loan |  |  | — |  |  |  | 41,300 |
Total outstanding principal amounts under the bank credit facility |  | $ | 896,185 |  |  | $ | 1,305,634 |
Schedule of Maximum Total Leverage Ratio [Table Text Block] |
|  | Maximum Total |
For the Trailing Four Quarters Ending |  | Leverage Ratio |
March 31, 2020 through December 31, 2020 |  | 6.00 | to | 1.00 |
March 31, 2021 |  | 5.75 | to | 1.00 |
June 30, 2021 through December 31, 2021 |  | 7.75 | to | 1.00 |
March 31, 2022 |  | 7.00 | to | 1.00 |
June 30, 2022 |  | 6.75 | to | 1.00 |
September 30, 2022 |  | 6.50 | to | 1.00 |
December 31, 2022 |  | 6.00 | to | 1.00 |
March 31, 2023 and thereafter |  | 5.50 | to | 1.00 |
Schedule of Extinguishment of Debt [Table Text Block] |
|  | Year Ended December 31, |
(In thousands) |  | 2020 |  |  | 2019 |  |  | 2018 |
Boyd Gaming Credit Facility debt modification fees |  | $ | 984 |  |  | $ | 3,072 |  |  | $ | 61 |
Amendment No. 3 and 4 |  |  | 807 |  |  |  | — |  |  |  | — |
6.875% Senior Notes premium and consent fees |  |  | — |  |  |  | 25,785 |  |  |  | — |
6.875% Senior Notes deferred finance charges |  |  | — |  |  |  | 6,092 |  |  |  | — |
Total loss on early extinguishments and modifications of debt |  | $ | 1,791 |  |  | $ | 34,949 |  |  | $ | 61 |
Schedule of Maturities of Long-term Debt [Table Text Block] |
(In thousands) |  | Total |
For the year ending December 31, |  |  |  |
2021 |  | $ | 30,740 |
2022 |  |  | 41,639 |
2023 |  |  | 827,444 |
2024 |  |  | — |
2025 |  |  | 600,000 |
Thereafter |  |  | 2,450,000 |
Total outstanding principal of long-term debt |  | $ | 3,949,823 |

X
- Definition Tabular disclosure of maximum total leverage ratio. + References No definition available. + Details
Name: | byd_ScheduleOfMaximumTotalLeverageRatioTableTextBlock
Namespace Prefix: | byd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7516071&loc=d3e13374-112631 + Details
Name: | us-gaap_ScheduleOfExtinguishmentOfDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration